Garrett Motion Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Garrett Motion in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Garrett Motion stock.
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Wall Street analysts have given Garrett Motion a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Garrett Motion wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Garrett Motion is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for Garrett Motion.

Garrett Motion Inc. (NYSE:GTX) issued its quarterly earnings results on Thursday, July, 29th. The company reported $0.38 earnings per share for the quarter, topping analysts' consensus estimates of ($0.18) by $0.56. The business had revenue of $935 million for the quarter, compared to analysts' expectations of $1.01 billion. Garrett Motion had a net margin of 9.11% and a negative trailing twelve-month return on equity of 11.88%.
View Garrett Motion's earnings history.

Garrett Motion's stock was trading at $4.86 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GTX shares have increased by 38.1% and is now trading at $6.71.
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Garrett Motion issued an update on its FY 2021 earnings guidance on Thursday, August, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.70 billion-$3.90 billion.

Some companies that are related to Garrett Motion include REE Automotive (REE), Canoo (GOEV), Meritor (MTOR), Holley (HLLY), Tenneco (TEN), Lydall (LDL), American Axle & Manufacturing (AXL), Standard Motor Products (SMP), XL Fleet (XL), Romeo Power (RMO), Modine Manufacturing (MOD), Stoneridge (SRI), Iochpe-Maxion (IOCJY), Garrett Motion (GTXMQ) and Cooper-Standard (CPS).
View all of GTX's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Garrett Motion investors own include Honeywell International (HON), CVS Health (CVS), Johnson & Johnson (JNJ), Resideo Technologies (REZI), The Home Depot (HD), The Procter & Gamble (PG), Verizon Communications (VZ), Cisco Systems (CSCO), Raytheon Technologies (RTX) and AT&T (T).

Garrett Motion trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTX."

Garrett Motion's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Oaktree Capital Management LP (5.52%), Baupost Group LLC MA (5.49%), New South Capital Management Inc. (3.75%), Newtyn Management LLC (1.56%), Marshall Wace North America L.P. (1.19%) and Morgan Stanley (1.05%). Company insiders that own Garrett Motion stock include Daniel A Ninivaggi, Fabrice Spenninck, Olivier Rabiller, Philip Andrew Smith, Thierry Mabru and Value Master Fund Lp Attestor.
View institutional ownership trends for Garrett Motion.

GTX stock was bought by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, Baupost Group LLC MA, New South Capital Management Inc., Newtyn Management LLC, Marshall Wace North America L.P., Morgan Stanley, Morgan Stanley, and Thompson Siegel & Walmsley LLC. Company insiders that have bought Garrett Motion stock in the last two years include Daniel A Ninivaggi, Fabrice Spenninck, and Olivier Rabiller.
View insider buying and selling activity for Garrett Motion or or view top insider-buying stocks.

Shares of GTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GTX stock can currently be purchased for approximately $6.71.

Garrett Motion has a market capitalization of $436.57 million and generates $3.03 billion in revenue each year. The company earns $80 million in net income (profit) each year or $1.05 on an earnings per share basis.

Garrett Motion employs 8,600 workers across the globe.

The official website for Garrett Motion is www.garrettmotion.com.

Garrett Motion is headquartered at LA PIECE 16, ROLLE V8, 1180.

Garrett Motion's mailing address is LA PIECE 16, ROLLE V8, 1180. The company can be reached via phone at (121) 695-3000 or via email at [email protected].